Naira drops against dollar amid fresh fuel price hike
The continued depreciation of the naira against the dollar, as seen in the FMDQ data, reflects the volatility in Nigeria’s foreign exchange market. The naira’s drop from ₦1561.76 to ₦1625.13…
The continued depreciation of the naira against the dollar, as seen in the FMDQ data, reflects the volatility in Nigeria’s foreign exchange market. The naira’s drop from ₦1561.76 to ₦1625.13…
By Adedapo Adesanya This report covers two key financial updates: the performance of the Naira in Nigeria’s official and parallel (black) exchange markets, and the cryptocurrency market’s reaction to US…